Examples of Purchase Agreements in a sentence
On or prior to the Closing Date and each Option Closing Date, if any, the Company shall have caused the applicable proceeds from the Unit Private Placement and certain of the proceeds from the sale of the Option Private Placement Units, if any, to be deposited into the Trust Account in accordance with the Purchase Agreements.
Master Lessor will ensure that all Purchase Agreements include Vendor Warranties customary for equipment similar to the Equipment purchased thereunder and will, if requested, enforce or assist Lessee or Master Lessee in enforcing all such warranties.
Simultaneously with the Closing Date, the Sponsor and the Representative will purchase from the Company pursuant to the Purchase Agreements (as defined in Section 2.21.2 hereof), 700,000 private placement units (450,000 units to be purchased by the Sponsor and 250,000 to be purchased by the Representative), at a purchase price of $10.00 per unit (the “Private Placement Units”) in a private placement intended to be exempt from registration under Act, pursuant to Section 4(a)(2) of the Act.
Pursuant to the Purchase Agreements, (i) Sponsor has waived any and all rights and claims it may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Private Placement Securities, and (ii) a portion of the proceeds from the sale of the Private Placement Securities will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date, as provided for in the Purchase Agreements.
On the Closing Date a portion of the proceeds from the Private Placements shall be deposited into the Trust Account in accordance with the Purchase Agreements.